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1F680

Active
Private limited companyfounded 2023active for 3 yearsKluizenmeersen(SGW) 15, 9170 Sint-Gillis-Waas, BelgiumKBO/BCE: BE 0804.714.077
Summary

1F680 has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€4,668) and a net result of -€4,191. Its solvency ranks better than 5% of 21,148 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 10-08-2023 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200and 2 others
Establishment unit
2.354.234.144 9170 Sint-Gillis-Waas, since 10-08-2023
Financial year end
31 December
Peppol
Reachable since 01-04-2025

Board and ownership

Board
  • ELIOVPDirector · permanent representative Van Puyvelde Elio
  • DSNL HOLDING B.V.Director
Shareholders

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
-€3,284
▼ 19.0%
Loss
€4,191
▼ 23.5%
Equity
-€4,668
▼ 879%
Total assets
€1,888
▼ 57.9%
  • Negative equity on 31-12-2025
Turnover not published (micro format)
Score breakdownraises riskCapped at 59: negative equityNegative equity -€4,668lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Size: total assets €1,888Liquidity: current ratio 0.29, cash €1,888, halvedShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 9% of micro companies in computer programming and consultancy (NACE 62)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0-14
equity -247.3% of total assets
Liquidity 50=
short-term debt 347.3% · cash 100.0%
Profitability 0=
return on assets -222.0%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,913 companies, NACE 62, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.5%▲ +0.1 percentage points vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.4 percentage points vs 07-2025lowest value 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro). It does better than 3% of them on solvency, 27% on liquidity, 5% on profitability and 0% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €1,888
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Negative equity -€4,668
NBB · annual accounts
lowers risk · Liquidity: current ratio 0.29, cash €1,888, halved
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€4,668
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
32 days early
2024
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 17 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-06-2026 at the NBB all 2 filings

Equity
-€4,668▼ 879%
2024 · -€477
Total assets
€1,888▼ 57.9%
2024 · €4,485
Net result
-€4,191▲ 23.5%
2024 · -€5,477
Working capital
-€4,668▼ 644%
2024 · -€627
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a loss of €4,011, smaller than the loss of €5,352 in 2024.

Operating result-€4,011 2025 Net result-€4,191 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets and working capital.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€5,352--€4,011▲ 25.0%
Net result-€5,477below the sector's middle half--€4,191below the sector's middle half▲ 23.5%
Equity-€477below the sector's middle half--€4,668below the sector's middle half▼ 879%
Total assets€4,485below the sector's middle half-€1,888below the sector's middle half▼ 57.9%
Debt€4,962-€6,556▲ 32.1%
Working capital-€627below the sector's middle half--€4,668below the sector's middle half▼ 644%
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€3,861▼
2024 · -€2,760
Cash flow
-€4,041▼
2024 · -€2,885
Interest coverage
-21.45▲
2024 · -22.08
Debt ≤ 1 year
€6,556▲
2024 · €4,962
The ratios are withheld because a balance sheet total of €1,888 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 24 lines
Balance sheet Code20242025
Assets
Total assets20/58€4,485€1,888▼
Formation expenses20€150€0▼
Current assets29/58€4,334€1,888▼
Cash at bank and in hand54/58€4,334€1,888▼
Equity and liabilities
Total equity and liabilities10/49€4,485€1,888▼
Equity10/15-€477-€4,668▼
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€5,477-€9,668▼
Amounts payable17/49€4,962€6,556▲
Amounts payable within one year42/48€4,962€6,556▲
Trade debts44€735€1,474▲
Suppliers440/4€735€1,474▲
Other amounts payable47/48€4,227€5,082▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,592€150▼
Other operating charges640/8-€577
Gross operating margin9900-€2,760-€3,284▼
Operating profit (loss)9901-€5,352-€4,011▲
Financial charges65/66B€125€180▲
Recurring financial charges65€125€180▲
Profit (loss) for the period before taxes9903-€5,477-€4,191▲
Profit (loss) for the period9904-€5,477-€4,191▲
Profit (loss) for the period to be appropriated9905-€5,477-€4,191▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,477-€9,668▼
Profit (loss) brought forward from the previous period14P--€5,477

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,592€150▼ 94.2%
Other operating charges640/8-€577-
Gross operating margin9900-€2,760-€3,284▼ 19.0%
Operating profit (loss)9901-€5,352-€4,011▲ 25.0%
Financial charges65/66B€125€180▲ 44.0%
Recurring financial charges65€125€180▲ 44.0%
Profit (loss) for the period before taxes9903-€5,477-€4,191▲ 23.5%
Profit (loss) for the period9904-€5,477-€4,191▲ 23.5%
Profit (loss) for the period to be appropriated9905-€5,477-€4,191▲ 23.5%
Line20242025Change
Assets
Total assets20/58€4,485€1,888▼ 57.9%
Formation expenses20€150€0▼ 100%
Current assets29/58€4,334€1,888▼ 56.4%
Cash at bank and in hand54/58€4,334€1,888▼ 56.4%
Equity and liabilities
Total equity and liabilities10/49€4,485€1,888▼ 57.9%
Equity10/15-€477-€4,668▼ 879%
Contributions10/11€5,000€5,000=
Profit (loss) carried forward14-€5,477-€9,668▼ 76.5%
Amounts payable17/49€4,962€6,556▲ 32.1%
Amounts payable within one year42/48€4,962€6,556▲ 32.1%
Trade debts44€735€1,474▲ 100%
Suppliers440/4€735€1,474▲ 100%
Other amounts payable47/48€4,227€5,082▲ 20.2%
Line20242025Change
Profit (loss) for the period9904-€5,477-€4,191▲ 23.5%
+ Depreciation and write-downs630€2,592€150▼ 94.2%
Operating cash flow (approximation)-€2,885-€4,041▼ 40.1%
Change in cash--€2,447-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 7,639 companies had the same profile as 1F680 has now. Two years later, 8.8% had gone bankrupt and 84.9% were still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% was still going

Another 0.7% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of 1F680 itself is lower: 0.3% within 12 months. It rests on far more data about 1F680 than the profile alone.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 7,639 companies, not a prediction for 1F680. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 29-06-2026 2026-00212632 PDF
31-12-2024 micro format 30-07-2025 2025-00331393 PDF

Board & ownership

Directors

Directors
2 directors, no change since 2023

Board 2

ELIOVP
Director (not named in the articles) · appointed in the act of 14-08-2023 · term without a fixed end · Private limited company · permanent representative: Van Puyvelde Elio · listed in the 2025 annual accounts, filed on 29-06-2026
Current
DSNL HOLDING B.V.
Director (not named in the articles) · appointed in the act of 14-08-2023 · Legal entity · listed in the 2025 annual accounts, filed on 29-06-2026
Current
Permanent representatives 1
Van Puyvelde Elio
Permanent representative · appointed in the act of 14-08-2023 · for ELIOVP
Current

Owners and capital

Shareholders

2 owners

Owners 2

Capital transactions

Shareholders according to the deeds
At incorporation act of 14-08-2023 ↗
  • ELIOVP (BE 0680.470.638) 50 shares (50%) · €2,500
  • DSNL HOLDING B.V. (BE 0804.697.449) 50 shares (50%) · €2,500
Capital over time
  1. 14-08-2023 Incorporation · €5,000 · 100 shares

Mandate history

2 people, 2 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
DSNL HOLDING B.V.
  • Director (not named in the articles), appointed in the act of 14-08-2023, still in office
ELIOVP
  • Director (not named in the articles), appointed in the act of 14-08-2023, still in office
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
“1, natuurlijke personen of rechtspersonen”

Articles of association, deed of 14-08-2023 (in Dutch)

Network & group

Connections & network

2 current directors
Depth

The network starts from the directors of 1F680. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
29-06
NBB filing Annual accounts 2025 filedNBB
micro format · 32 days before the deadline
2025
30-07
NBB filing Annual accounts 2024 filedPDF
micro format · 1 day before the deadline
2023
14-08
Gazette deed Incorporation
Starting capital €5,000 · Appointments: ELIOVP (director) and DSNL HOLDING B.V. (director) · Permanent representatives: Van Puyvelde Elio and Quist Rob13 points ▸
  • Founding capital, €5,000
  • ELIOVP holds 50 shares
  • DSNL HOLDING B.V. holds 50 shares
  • Bank account, “BNP Paribas Fortis, vennootschap in oprichting” (deed in Dutch)
  • Other provision, “deponeringsbevestiging”, 5000 (deed in Dutch)
  • Board rule, 2
  • Director appointment, ELIOVP (director (not named in the articles))
  • Director appointment, DSNL HOLDING B.V. (director (not named in the articles))
  • Permanent representative, Van Puyvelde Elio
  • Permanent representative, Quist Rob
  • Incorporation, “1F680” (deed in Dutch)
  • Founder, ELIOVP
  • The act holds 1 more point.

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 10 August 2023, 1F680 was incorporated as a private limited company by ELIOVP and DSNL HOLDING B.V., with a starting capital of €5,000.12 Today the board has 2 members.3 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 14-08-2023
  3. 3National Bank, annual accounts 2025

Company details

Register details

Identity

KBO record
Name 1F680 in Dutch
Enterprise number 0804.714.077
Legal form Private limited company
Status Active, normale toestand
Founded 10-08-2023
Entity type Legal entity
Name clauseThe company operates under this name according to its articles.
1F680
deed of 14-08-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, Kluizenmeersen 15, 9170 Sint-Gillis-Waas”
deed of 14-08-2023 (in Dutch)

Registered office and establishments

Registered office Kluizenmeersen(SGW) 15, 9170 Sint-Gillis-Waas, Belgium
Establishment unit 1F680, Kluizenmeersen(SGW) 15, 9170 Sint-Gillis-Waas since 10-08-2023 · unit number 2.354.234.144

Activities

NACEBEL 2025
62200 Computer consultancy and computer facilities management main activity
64210 Activities of holding companies
82990 Other business support services
Codes under NACEBEL 2008
62020 IT consultancy main activity
64200 Holdings
82990 Other business support services
PurposeThe purpose describes the activities the company may carry out under its articles.
“Coaching; Consultancy diverse vakgebieden; Investeren in diverse vennootschappen; Holding; Business Consultancy; Projectmanagement…”
18 activities
  1. Coaching
  2. Consultancy diverse vakgebieden
  3. Investeren in diverse vennootschappen
  4. Holding
  5. Business Consultancy
  6. Projectmanagement
  7. Peoplemanagement
  8. Ontwikkelen van webportalen & apps & software & aanverwante diensten & webshop (e-commerce)
  9. Coaching - Onderwijs – Organisatie van events & seminaries
  10. Productontwikkeling
  11. Groot- en kleinhandel van diverse producten
  12. Verhuur van diverse roerende goederen
  13. Managementactiviteiten - Administratieve ondersteuning & Adviesverlening aan diverse bedrijven
  14. Handelsbemiddeling in de meest ruime zin van het woord
  15. Managementactiviteiten van holdings: tussenkomen in het dagelijks bestuur, vertegenwoordigen van bedrijven op grond van bezit van of controle over het maatschappelijk kapitaal, enz.
  16. Verlenen van ondersteunende diensten en adviezen aan het bedrijfsleven op gebied van projectmanagement, organisatie management, interim management, verandermanagement,…
  17. Verlenen van uiteenlopende diensten en het geven van advies, informatie, bijstand en ondersteuning voor zelfstandigen, vennootschappen, bestuurders, verenigingen, openbare bestuursorganen en dergelijke meer en dit onder meer op vlak van informatie, publiciteit, marketing, administratie, organisatie, verkoop, financiering, strategie, personeel,…
  18. Overige zakelijke dienstverlening
deed of 14-08-2023 (in Dutch)

Invoicing and payment

VAT number BE 0804.714.077
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0804714077
Other Peppol ID 9925:BE0804714077
Registered 01-04-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 2 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
1,005 m²
Building footprint
572 m²
Building volume
3,234 m³
Cadastral parcel Region Area Buildings Height / floors
46020C1743/00C000 Flanders 1,005 m² 1 · 572 m² 6.5 m · 2